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Vulnerable? Maybe. But they are taking less pay because they have no other alternatives. Buying nothing from them does not improve their situation. In fact muc
by gist 7y ago
Vulnerable? Maybe. But they are taking less pay because they have no other alternatives. Buying nothing from them does not improve their situation. In fact much of the Chinese (or other low cost countries) economy has come from the vast amount of US dollars that have been injected for low cost goods. That has for sure raised things in those countries. Not for everyone but it's not like the 1950's either or even close. Ask anyone who grew up in the 60's and 70's what China was like back then.